G-III Apparel Group, Ltd. (NASDAQ:GIII – Free Report) – Equities research analysts at Telsey Advisory Group upped their FY2025 earnings estimates for shares of G-III Apparel Group in a research note issued to investors on Wednesday, December 11th. Telsey Advisory Group analyst D. Telsey now forecasts that the textile maker will earn $4.16 per share for the year, up from their previous forecast of $4.01. Telsey Advisory Group has a “Market Perform” rating and a $32.00 price objective on the stock. The consensus estimate for G-III Apparel Group’s current full-year earnings is $4.15 per share. Telsey Advisory Group also issued estimates for G-III Apparel Group’s Q4 2025 earnings at $0.97 EPS, Q1 2026 earnings at $0.09 EPS, Q2 2026 earnings at $0.54 EPS and FY2026 earnings at $4.21 EPS.
Several other analysts have also recently issued reports on GIII. Barclays increased their target price on shares of G-III Apparel Group from $27.00 to $29.00 and gave the stock an “underweight” rating in a research note on Wednesday. StockNews.com raised G-III Apparel Group from a “hold” rating to a “buy” rating in a research note on Monday, December 2nd. KeyCorp lifted their price target on G-III Apparel Group from $34.00 to $40.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, Guggenheim increased their price objective on G-III Apparel Group from $36.00 to $38.00 and gave the company a “buy” rating in a research report on Wednesday. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $32.17.
G-III Apparel Group Stock Performance
NASDAQ GIII opened at $34.65 on Friday. G-III Apparel Group has a 1 year low of $20.66 and a 1 year high of $35.68. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.63 and a quick ratio of 1.80. The stock has a market capitalization of $1.52 billion, a PE ratio of 9.09 and a beta of 2.14. The company’s 50 day simple moving average is $30.97 and its two-hundred day simple moving average is $28.77.
G-III Apparel Group (NASDAQ:GIII – Get Free Report) last posted its earnings results on Tuesday, December 10th. The textile maker reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.26 by $0.33. G-III Apparel Group had a net margin of 5.59% and a return on equity of 11.66%. The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.10 billion. During the same period in the prior year, the company posted $2.78 EPS. The business’s revenue for the quarter was up 1.9% compared to the same quarter last year.
Insider Activity at G-III Apparel Group
In related news, CEO Morris Goldfarb sold 100,000 shares of the stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of $31.59, for a total transaction of $3,159,000.00. Following the completion of the sale, the chief executive officer now directly owns 3,990,085 shares in the company, valued at $126,046,785.15. This represents a 2.44 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 12.40% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On G-III Apparel Group
Several institutional investors have recently bought and sold shares of the stock. F M Investments LLC purchased a new stake in G-III Apparel Group in the 2nd quarter worth approximately $6,796,000. Marshall Wace LLP lifted its holdings in G-III Apparel Group by 142.8% in the 2nd quarter. Marshall Wace LLP now owns 351,918 shares of the textile maker’s stock worth $9,526,000 after buying an additional 206,993 shares during the period. Barclays PLC lifted its holdings in G-III Apparel Group by 236.4% in the 3rd quarter. Barclays PLC now owns 282,661 shares of the textile maker’s stock worth $8,627,000 after buying an additional 198,647 shares during the period. Jane Street Group LLC lifted its holdings in G-III Apparel Group by 269.9% in the 3rd quarter. Jane Street Group LLC now owns 251,146 shares of the textile maker’s stock worth $7,665,000 after buying an additional 183,246 shares during the period. Finally, American Century Companies Inc. lifted its holdings in G-III Apparel Group by 15.6% in the 2nd quarter. American Century Companies Inc. now owns 1,147,175 shares of the textile maker’s stock worth $31,054,000 after buying an additional 155,079 shares during the period. 92.13% of the stock is currently owned by hedge funds and other institutional investors.
G-III Apparel Group Company Profile
G-III Apparel Group, Ltd. designs, sources, and markets women's and men's apparel in the United States and internationally. The company operates through two segments, Wholesale Operations and Retail Operations. Its products include outerwear, dresses, sportswear, swimwear, women's suits, and women's performance wear; and women's handbags, footwear, small leather goods, cold weather accessories, and luggage.
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